The Latest News on Fiscal Sponsorship
Fiscal Sponsorship Is On the Rise, Allowing Groups That Aren’t Nonprofits to Accept Donations
“Fiscal sponsorship is a significant and rapidly growing part of the nonprofit world, according to a new report from Social Impact Commons and the National Network of Fiscal Sponsors. The report and experts involved in the sector indicate that the rise of fiscally sponsored projects appears to be both a response to the bureaucratic complexity of establishing and running a nonprofit and the increasing professionalization of the field. It’s being used as a way to pool resources, incubate new ideas, and provide oversight to organizations that are not yet charities.”
Check out this article from Philanthropy Today about Fiscal Sponsorship!